Demand slump hampers Malaysia’s economic growth World

Demand slump hampers Malaysia’s economic growth

RAM Rating Services Bhd (RAM Ratings) forecast that the Malaysian economy possibly faces formidable challenges in the remaining months of this year amidst soft global demand and other headwinds.
Agribank has ratings upgraded by Moody’s Business

Agribank has ratings upgraded by Moody’s

Credit rating agency Moody’s has upgraded the long-term local and foreign currency deposit and issuer ratings of the Vietnam Bank for Agriculture and Rural Development (Agribank) to Ba2 from Ba3, and changed the outlook to stable.
Vietnam striving for higher sovereign credit ratings by 2030 Business

Vietnam striving for higher sovereign credit ratings by 2030

Deputy Prime Minister Le Minh Khai has approved the sovereign credit rating improvement project by 2030, part of an effort to make Vietnam a developing and upper-middle-income country with modern industry, heightening the country’s international reputation and reducing credit risks.
Vietnam needs to better sovereign credit ratings: ministry Business

Vietnam needs to better sovereign credit ratings: ministry

As Vietnam has become a middle-income country and will gradually depend more on foreign commercial loans, the improvement of the sovereign credit ratings will help the Government, businesses, and financial and credit institutions be more cost-effective when mobilising loans or issuing bonds to international capital markets, according to the Ministry of Finance.